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⚖️ The U.S. Treasury just sanctioned Iran's BitBank — and it's not about the exchange OFAC says the Bitcoin flowing through it wasn't random $BTC Ships paying under the "Hormuz Safe" insurance scheme had their BTC receipts passed to the IRGC as of June 👀 Babak Zanjani's network used the same exchange to move hundreds of millions of dollars in Bitcoin Treasury Secretary Bessent's line is the one worth remembering: Bitcoin rails are not beyond OFAC's reach $ETH